Community Solar has changed the way people view renewable energy. Since the United States passed its first community solar legislation in 2007, 43 states have at least one. Education is not complete without community engagement.
Anyone with an electricity bill can use community solar. The cost is affordable and the benefits are exciting.
First, let’s define community-owned solar farms.
Solar farms that are large and aggregative include those where multiple homes or businesses share a piece of the larger project. A 5MW site on average could power over 800 homes.
These projects are situated in areas that have a lot of solar resources. These solar projects can produce between 1200 and 1200 kWh/kW. This is 93-95% or the total solar resource of this area.
Solar farms are located in specific areas. Solar power from the farm is recorded on a hostmeter, which allows both developer and utility companies to track their production.
Modern Digital Energy: Remote Metering
If you don’t have a dedicated cable, it is impossible to know if every electron in your home comes from the solar farms.
The only way to maximize the value of a solar farm is through remote net metering.
Remote net metering is an agreement between a state utility commission and its customers that generate electricity using solar power or other energy sources. Customers can transfer power that they don’t need into our grid in exchange for credits on their bills.
The number of energy credits generated by a farm directly correlates with the amount of energy produced. New York uses Value of Distributed Energy Resources Stack. The value calculation takes into account the cost, demand reduction, and environmental impact to determine the rate.
Community-solar is a great option for both commercial and residential customers. You can use solar energy even in less-than-ideal locations such as rental properties or shaded areas, or transfer credits to another house.
What You Spend Each Month
Community Solar can help you eliminate your electric bills in a flexible, cost-effective and affordable manner. Customers who are unable to go solar can still benefit from remote net metering.
When it comes to accessing community solar, customers have three choices: They can buy panels or sign contracts for long-term power purchases. Subscribers can also subscribe to a solar farm by signing up for shorter subscriptions. Customers receive the best deals.
The average monthly savings for customers who buy utilities is between 20-30%. Subscriptions and PPAs can offer savings up to 10%.
Red Solar has a number of resources to help you find out more about the solar industry.
This post was written by a professional at Red Solar. Red Solar was started with the mindset of renewable energy being the future. We want everyone to travel through this transition. We can all agree that solar is the best way to reduce your carbon footprint, but it’s not the only way. During a Red Solar energy evaluation, all energy commons in your home will be analyzed for results. Our expert technicians will guide you through the process for better understanding and reassurance. Looking for the best solar panel installation Martin County? Then contact us for more information today!